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cnbc.com
U.S. says it targeted Iranian forces after attacks that killed two American service members
Centcom says it hit Iran's coastal surveillance and air defense facilities a day after two U.S. troops were killed in an Iranian strike on Jordan.
theguardian.com
Are money and soft power draining World Cup football of its magic? | Richard Partington
Fifa’s orchestration of incompatible or frankly absurd corporate sponsorship suggests the balance may have tipped too farIt’s almost all over. No more hydration breaks, no more obligatory pans of the TV cameras to Hollywood A-listers, or dread of the crushing inevitability of English disappointment. The Fifa World Cup 2026 is at an end, after another month of planet-straddling drama laced with significance and symbolism, both on and off the pitch.Before the kick-off between Spain and Argentina on Sunday evening, the result is already clear: football’s greatest prize is more than a sporting event; it is a geopolitically charged economic juggernaut. Continue reading...
theguardian.com
After fixing its engine problems, Rolls-Royce is turning to its next big challenge
The aerospace giant is seeking UK government support for its re-entry into the huge narrowbody jet marketIn a 100-year-old hangar at Rolls-Royce’s factory in Derby, aircraft engines lie on their noses as technicians strip them down after a couple of years circling the world.Cranes lift and flip the engines, before engineers separate different modules to be cleaned, treated in acid baths if necessary, repaired or replaced. The acrid smell of kerosene signals the part of the factory where engineers handle the metre-diameter core of the engine, in which fuel and air combine at high pressure to drive the turbines and propel 200-tonne planes through the air. Continue reading...
bbc.co.uk
Chinese firm seeks compensation over British Steel nationalisation
Jingye said it will take action "through legal means to the very end" after the UK government nationalised British Steel.
bbc.co.uk
Is Burnham promising a new dawn for North Sea oil and gas?
The incoming PM is expected to announce fresh support for the North Sea from day one of his premiership.
theguardian.com
Restoring Britain’s health to 2014 levels could add 2% to GDP, thinktank says
Health Foundation paper argues health is an economic asset and improving it could generate £72bn for public financesRestoring the deteriorating health of the UK’s population to the level of 2014 would boost GDP by 2% and generate a £72bn dividend for the public finances, research suggests.A paper by the Health Foundation thinktank, published on Sunday, argues the nation’s health should be valued by policymakers as an economic asset. Continue reading...
theguardian.com
Fifa gives fraud ‘an open door’ with betting, says Council of Europe chief
Fifa deal with prediction market company under fireBalogun reprieve showed ‘rules bend under pressure’Fifa has been accused of providing an “open door to fraud” and allowing political influence to cast doubt on the integrity of the World Cup in a stinging rebuke by the Council of Europe’s secretary general.In an open letter published to coincide with Sunday’s final, Alain Berset also called for a new integrity framework to be built before the 2030 tournament, which is mainly being staged in Europe, and warned that Fifa was embroiled in a crisis involving money and power. Continue reading...
theguardian.com
Here be dragons: does moving power to the north work?
Andy Burnham’s recent promise to create a ‘No 10 North’ echoes BBC’s successful Out of London planWhen the BBC first announced its intention to move a significant chunk of its operation to Salford in Greater Manchester – the “Out of London” plan, as the then director general Mark Thompson called it in 2004, with a faint “here be dragons” whiff – there were plenty in the organisation who were scornful that it could ever work.Senior staff would never leave the capital. Star talent wouldn’t dream of travelling. It “didn’t take a brain surgeon”, said the Breakfast presenter and Strictly Come Dancing winner Chris Hollins, to see that the prime minister would never appear in person. Continue reading...
theguardian.com
‘Good growth in every postcode’: Burnham’s economic to-do list in seven charts
From industrial strategy and defence to housing and living costs, we lay out the challenges facing the new PMAndy Burnham becomes prime minister as Britain contends with a series of global economic shocks and years of weak growth in living standards, fuelled by underinvestment and deep regional divisions.Before his arrival in Downing Street, the Labour leader pledged to deliver “good growth in every postcode” by transferring power from Westminster to local communities. But with the public finances under pressure, and time running out before the next general election, the task is not straightforward. Continue reading...
theguardian.com
‘We noticed a login from a new device’: the message from fraudsters targeting your X account
They are out to steal your password to commit further fraud such as crypto scams or phishing attacksYou have had an X account for years, since it was known as Twitter. When an email arrives about a new login from a location nowhere near where you live, alarm bells begin to ring.“We noticed a login to your account from a new device. Was this you?” the email asks. Continue reading...
theguardian.com
Bank of England to stop accepting bonds linked to coal for key loans
Campaigners hope move will force commercial banks to rethink holding assets linked to the fossil fuelClimate campaigners have declared a victory after the Bank of England said it would no longer accept bonds linked to one of the most polluting industries on the planet for key loan arrangements.The ban, which comes into force in October, marks a fresh crackdown on thermal coal, which is burned in power plants to create electricity, and has long been a target of green policy activists. Continue reading...
bbc.co.uk
New EU border system tripling time at passport control, airport boss says
Ryanair has also warned passengers travelling to Europe this summer to prepare for extended waits.
bbc.co.uk
The hidden cost of the night shift and how to sleep it off
More than three million people in the UK work night shifts, which can greatly impact their health. What can be done to help them?
bbc.co.uk
Private jets flock to Montana - but locals can't afford the trailer park
Rents in Bozeman, Montana have skyrocketed as wealthy out-of-towners flock to the city to experience the American West.
cnbc.com
Cybersecurity risks posed by over-the-air tech in autos has analysts concerned
The automotive industry's increasing use of over-the-air technology makes it more susceptible to cyberattacks, analysts say.
theguardian.com
Cyclospora: iceberg lettuce recalled in 27 states and more products may follow
Taylor Farms does not specify where products were served or sold, as US braces for weeks more of outbreakTaylor Farms recalled potentially contaminated shredded iceberg lettuce in 27 states on Friday, including lettuce distributed as recently as Thursday, as cases of cyclosporiasis continue rising in the US.The US is likely to see at least another two weeks of possible cases, since infections may have happened in recent days. And the expanding outbreak investigation could point to other products in coming days. Continue reading...
cnbc.com
Oil tankers face 'worst case scenario' in Hormuz as Iran steps up attacks on ships, maritime risk CEO says
One seafarer was killed and three were injured in attack on the crude oil tanker Al Bahyah off Oman's coast on Tuesday.
cnbc.com
27-year-old locksmith spent $7,000 on tools, works around the clock in NYC: 'I'd never held a screwdriver in my life' before starting
Yona Sahar, founder of Locksmith Girl of NYC, spent two years learning the trade. Now, she runs her own business while working around the clock.
cnbc.com
Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Morgan Stanley forecasts that K-beauty sales in the U.S. can reach approximately $4 billion in 2026.
cnbc.com
'WarshGPT': How Wall Street is adapting to the Fed's new era of communication
Investment firms are readying for an era with less public commentary from the U.S. central bank. Some are relying on AI for an edge.
cnbc.com
Two unexpected revelations in Warren Buffett's CNBC interview
Warren Buffett tells CNBC that Bill Gates' ties to Jeffrey Epstein didn't drive his termination of donations.
theguardian.com
Cuba edges toward breakdown as power cuts and US meddling push society to brink
As Cuba swelters under six-month oil blockade imposed by US, tempers are fraying and unrest is growingWhen Cuba’s national grid collapses, as it did for the third time in 10 days on Tuesday, a collective groan spreads across its cities and people wonder, again, whether the island’s antiquated electricity system may soon become unrecoverable.The 777-mile long Caribbean island of 9.5 million people has been sweltering under a six-month-long oil blockade imposed by the US, part of a pressure campaign to bring down its communist government. But the parlous state of Cuba’s infrastructure goes far further back. Continue reading...
cnbc.com
I left the U.S. for Trinidad and Tobago: My family of 4 spends about $3,000 a month—and we've never been happier
Chantel Henry lives with her husband and two kids in Trinidad. She says living there has made her American Dream more affordable.
theguardian.com
The Paramount-WBD merger: bad news for Hollywood, great news for Tennessee? | Dave Schilling
Yet more consolidation means one less studio, inevitable redundancies and a blow to this city’s cultural heritageThere are simply too many companies in the world. Apple, Google, Amazon, Ryanair. I’m probably forgetting some. How could I not? There are so many companies. Thankfully, here in Hollywood, we’re culling the herd. My memory says thanks. My career, on the other hand, does not.After Disney swallowing up 20th Century Fox (which is now just called “20th Century Studios”, making it sound like a company that makes gramophones), Discovery merging with Warner Brothers, and Skydance buying Paramount, you’d think the industry would be done kneecapping itself through strategic acquisitions. Wrong again, friend. Warner Bros Discovery – swimming in debt and loaded up with depreciating cable TV assets – put itself on the market only three years after its last merger. First they went to Netflix, then to Paramount, after Netflix realized they like profit too much. Now a Paramount-WBD merger is progressing. All of this means one less movie studio, inevitable redundancies and more consolidation of vision.Dave Schilling is a Los Angeles-based writer and humorist Continue reading...
theguardian.com
Andy Burnham considers radical shake-up to cut energy bills
Labour leader examining proposals to overhaul gas standing charges and make heat pumps cheaper to run than boilersAndy Burnham is considering radical plans that could cut household energy bills by £130 a year and make running a heat pump cheaper than a gas boiler.In his speech on Friday as he became the new Labour leader, Burnham promised to reduce the price of “essentials”, and a cost of living package is expected to be one of his first announcements in Downing Street. Continue reading...
theguardian.com
'Less than human': how unhoused people in Atlanta are being treated during the World Cup – video
“This is what happens when you apply these incredibly violent economic forces to these cities … it's happened at every World Cup I've been to,” explains our chief sports writer, Barney Ronay.Employees in Atlanta, Georgia, recently threw away tents, medication, identification and other belongings of unhoused people at a public park without warning. This led activists and a local official to point to an apparent violation of procedures created after a city employee ran over a tent with a front loader last year, killing a man. Cornelius Taylor was crushed inside his home as workers came to clear a homeless encampment.The sweep through the park occurred less than a mile from a popular spot for World Cup watch parties, drawing into focus ongoing tension over the treatment of the city’s several thousand unhoused people during the tournament. A city official said the park where about 15 people have gathered for months was “not an encampment” and that the incident was not a sweep.Watch Barney's latest report from downtown Atlanta as the World Cup edges closer to the final – and for more of his video diaries follow Guardian Sport on TikTok. Continue reading...
theguardian.com
Trump has normalized crypto. Is it the path to the next financial collapse? | Eduardo Porter
Cheerleading by the president, who made $1.2bn last year off uninsured currency, does not bode well for US economyThe scale of the graft is decidedly off the charts, but the revelation that Donald Trump raked in a personal fortune of $2.2bn during his first year in office should come as no surprise. The president didn’t even try to hide his venality. Not only did he refuse to sell businesses and put assets in a blind trust, as other presidents have done to limit opportunities for self-dealing; the quid pro quos with foreign governments and assorted magnates were exposed for all to see.It is troubling that the president of the United States would so nonchalantly deploy his official powers to profit from dealings with money launderers and Middle Eastern princes. It is perhaps more so that the supposedly robust checks and balances upholding American governance proved powerless to stop him. (Here’s waiting for the supreme court to define Trump’s dealings as “official acts” in order to exonerate him.) Continue reading...
theguardian.com
Poultry sector growth plan risks UK national security, campaigners warn
Government’s food security push is said to rely on animal feed imports with vulnerability to supply chain shocksThe government’s planned poultry sector growth plan is a risk to national security, campaigners have warned.Earlier this month, the environment secretary, Emma Reynolds, told the Groundswell agriculture festival that the key to improving food security was consuming more homegrown produce, and said this was why the government had set up the Farming and Food Partnership Board, whose members include industry leaders such as the president of the National Farmers’ Union and the chief executive of the Food & Drink Federation. Continue reading...
bbc.co.uk
Guidance needed for families reclaiming childcare
Some families have had problems claiming back cash as part of the pilot scheme.
theguardian.com
Six political headaches Andy Burnham must tackle in his first weeks as PM
From dealing with Trump to easing cost of living, the incoming prime minister is mulling his approach to contentious issuesWhen Labour was preparing for power in 2024, Keir Starmer’s then chief of staff, Sue Gray, compiled what one Labour official called her “shit list” – a dossier of immediate fires the government would have to put out.Gray is back, advising Starmer’s successor, Andy Burnham, in an unofficial capacity. And yet again, she is advising an incoming prime minister on how to deal with a number of immediate political problems that will need solving in his first few weeks. Continue reading...
theguardian.com
Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
CEO’s pay packet surges to £791,000 as union says public ‘sick of obscene pay’ and bosses ‘feathering own nests’Wessex Water awarded its chief executive an above-inflation pay increase even as the company was banned from paying bonuses because of sewage spills, it has emerged.Ruth Jefferson received a 14% base salary increase in October, from £590,000 to £670,000, before other benefits, according to accounts published this month. It was far above the 3.5% given to workers, and put her pay at 18 times that of the company’s median employee. Continue reading...
theguardian.com
London Underground users should know about toxic dust risk, whistleblower says
Former tube network cleaner says tribunal vindicated his health concerns, including about asbestos, that could affect publicA London Underground worker who was unfairly sacked after whistleblowing about his concerns over exposure to asbestos and other toxic dust has said he wants all tube passengers to know about the potential hazards his case has revealed.Micky Steeds, a former professional boxer from Aveley in Essex, started working for London Underground in 2018 cleaning up decades of dust from vents, lift shafts and inverts – confined channels underneath station platforms for cabling. Continue reading...
bbc.co.uk
Rural residents back heating oil protection plan
Households reliant on heating oil as a fuel source say better regulation of pricing is needed.
bbc.co.uk
'I'd rather not leave the house so I don't get into more debt'
Great Yarmouth has some of the highest levels of problem debt in the country, but help is at hand.
theguardian.com
Revealed: the top 10 UK cities for first-time buyers
Vibrant areas for young workers who plan to rent while saving for a deposit and then get on the property ladderThe new 100% mortgages for first-time buyersHomes to rent before buying in citiesThe common property rite of passage for graduates and career-focused first jobbers has changed over the past decade. Many careers used to start in London, and an early house-share would be followed by a first flat purchase, then a move to somewhere bigger.However, the heavy burden of housing costs in the capital is making would-be first-time buyers stop and evaluate whether – even with London weighting on some wages – it is possible to get on the ladder there. Continue reading...
cnbc.com
Fat cat? Weight-loss drugs may be coming for your overweight pet
Startups are testing GLP-1 treatments for overweight cats while pet-food giants are leaning into longevity products as owners spend more on animal health.
theguardian.com
The hill I will die on: Parisian waiters are not rude – they’re just badly misunderstood | Helen Massy-Beresford
After living here for years, I can see through that old stereotype. My tip: if your server is not full of bonhomie, why not try saying ‘bonjour’?Parisian waiters are professionals, providing an excellent service – they are not rude or unfriendly, just sometimes slightly misunderstood. No, really, hear me out. We’re all familiar with the trope of the rude Parisian waiter, looking down their nose at your inferior wine choice. They have been called “brusque and unwelcoming”, “snooty and rude” by travellers who voted Paris the unfriendliest city in the world. But after living here for many years, I’m struggling to think of an experience that really lives up to the stereotype. Harried and busy, sometimes, yes. But rude? No.So why do Parisian waiters (and let’s face it, Parisians) have a such a bad reputation? Partly, it’s about misunderstandings. Good manners and greetings between strangers in France are quite formal and can (and did, to this Brit, arriving in 2007) seem a little frosty. There are golden rules that many visitors unwittingly break and the big one is “bonjour”. Or rather, a lack of “bonjour”. Going into a shop or a restaurant in Paris (or anywhere in France) and not greeting the staff is incredibly rude. That means many waiters or shop staff in touristy areas are actually, by French rules, being snubbed thousands of times a day. No wonder some of them feel a little grumpy.Helen Massy-Beresford is a British journalist and editor who lives in Paris Continue reading...
bbc.co.uk
'My buyers dropped their offer by £15,000 the day before exchange': Gazundering and how to avoid it
It's a small but growing problem in the property market - here's how to protect yourself.
cnbc.com
Leather jacket worn by Nvidia CEO goes for just under $1 million at Sotheby's auction
The high price for the garment is a sign that collectors are looking to bid on artifacts and collectibles from the artificial intelligence boom.
cnbc.com
The White House is dictating access to frontier AI models, shifting power from tech giants, sources say
The Trump administration is taking steps to control who gets access to the latest frontier models, people familiar with the matter told CNBC.
cnbc.com
Trump rips Canada as wildfire smoke spreads, says U.S. will add pollution cost to tariffs
The smoke coming from active wildfires in Canada has led to unhealthy air quality in swaths of the U.S., which could affect the World Cup final in New Jersey.
cnbc.com
Taco Bell says it has removed lettuce linked to cyclosporiasis outbreak from its restaurants
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
cnbc.com
SpaceX stock has cratered nearly 23% since the company joined the Nasdaq-100
SpaceX's stock plunged further on Friday, a day after it aborted a test flight for its Starship rocket at the last second.
cnbc.com
Analysis: Fed Chairman Warsh faces an inflation credibility test after Congress hearings
The new Fed chairman avoided major stumbles in two days of testimony before the House and Senate, but faces a rapid test of his commitment to price stability.
cnbc.com
Apple, Nvidia vie for title of world's most valuable company
Nvidia shares have underperformed in 2026 as Wall Street shifts to companies powering the infrastructure AI buildout.
cnbc.com
Netflix stock falls as earnings forecast disappoints, company says it will give fewer engagement updates
The streaming giant said it would cut back on the frequency of its "What We Watched" reports, which provide a picture of engagement.
cnbc.com
Anthropic in early talks with Meta to acquire compute power
The talks come weeks after Anthropic announced a similar deal with Elon Musk's SpaceX to use the computing capacity at its Colossus 1 data center
cnbc.com
Epstein victims blast Trump attorney general nominee Todd Blanche after meeting
"Todd Blanche treated the meeting as a mere 'check-the-box' exercise intended to secure votes for his confirmation," said Epstein survivor Dani Bensky.
bbc.co.uk
Why women should speak openly about money
Emma joins Nuala McGovern to discuss her book Start With Yourself: A New Vision for Work and Life.
bbc.co.uk
China's Moonshot AI claims Kimi K3 can rival OpenAI and Anthropic
The company has unveiled a massive new artificial intelligence model it says can take on top American firms.
bbc.co.uk
China hits out at British Steel nationalisation
The UK government said taking the firm into public hands would safeguard "a vital national capability".
bbc.co.uk
Brewdog founder faces data complaints over efforts to buy back firm
The UK data watchdog has received complaints after James Watt reportedly contacted former shareholders.
cnbc.com
Democratic socialists top MAGA candidates among voters in CNBC's All-America poll
The survey's findings come as democratic socialist candidates win Democratic primaries following the 2025 election of New York City Mayor Zohran Mamdani.
theguardian.com
Carbon capture is a fig leaf for fossil fuel expansion | Letters
The predicted £264bn cost by 2050 could be even higher, plus renewables avoid a far higher total of emissions than can be captured, writes Andrew Boswell, while Simon Oldridge calls out vested interestsProf Myles Allen and colleagues, in their letter (12 July) on carbon capture and storage (CCS), propose licensing gasfields on condition that producers store an increasing proportion of “the carbon dioxide their products generate”. Their proposal only considers CO2. Methane is excluded by choice although it leaks throughout global fossil-fuel supply chains, including during extraction, processing, liquefaction and shipping.A growing academic literature, supported by satellite observations of major methane plumes, shows that these emissions can be very substantial, and are the dominant near-term climate impact for gas supplied as liquefied natural gas. Continue reading...
theguardian.com
Intercity rail passengers face summer disruption amid slashed services and strike votes
East Midlands Railway cancels trains on Midland mainline, as drivers on LNER and Avanti West Coast ballotIntercity rail travellers face potential disruption this summer across Great Britain’s three north-south mainlines, with drivers voting on strike action on two lines and timetables slashed on the other owing to malfunctioning trains.East Midlands Railway announced it will cancel hundreds of services in the coming weeks from its intercity timetable on the Midland mainline, because of continued problems with its fleet of Hitachi trains. Continue reading...
bbc.co.uk
What are your rights if you buy something that breaks?
Martin Lewis explains why you should go back to the item's retailer, not the manufacturer.
cnbc.com
Chinese automakers are taking on the UK — and many Brits are embracing it
The surge comes as China's auto exports have boomed in recent years as the country's appetite for new models has cooled.
cnbc.com
World’s largest olive oil company says market has 'definitively' entered new phase
The update comes as analysts raise concerns about the prospect of global olive oil supplies swinging dramatically from one season to the next.
theguardian.com
Amazon Web Services customers receive bills for up to $1.5tn after global glitch
One UK man whose bill is usually less than £1 says he ‘almost had a heart attack’ when he saw £5.8bn invoicePeople always suspected big tech was greedy, but not quite like this. Patrons of Amazon Web Services have been landed with panic-inducing monthly bills running as high as $1.5tn for subscriptions that usually cost less than the price of a cup of coffee.From Bangalore to Bolsover, the bills have been causing alarm after a computer glitch resulted in the astronomical invoices being dispatched around the world by Jeff Bezos’s company, which provides data and cloud services to millions of customers, from students and small charities to big businesses. Continue reading...
cnbc.com
Amazon's Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
cnbc.com
Fighter jet maker Saab smashes expectations as CEO urges procurement rethink
European governments ramp up defense spending and book orders with the region's companies.
theguardian.com
How Burnham’s team could reshape the Bank of England
Taking a fresh look at the Bank’s role would send a strong signal that a Burnham government is prepared to do things differentlyWhen Louise Haigh – then a lowly backbencher – wrote a policy prospectus for the leftwing Renewal journal back in May, it contained a little-noticed nugget: a rethink of the Bank of England’s mandate.Haigh, who quit as transport secretary in 2024 after it emerged she had been convicted of fraud over a missing work phone, is back in frontline politics as a linchpin of Andy Burnham’s operation. Economists are now asking whether the Bank, and the mandate it gets from the chancellor to solely target stable prices, will be in the new administration’s sights. Continue reading...
cnbc.com
Import prices post surprise gain as costs of goods from China hit highest since 2008
Import prices were up 0.3% for the month, as a drop in energy was more than offset by increases elsewhere.
bbc.co.uk
Why are UK fuel prices rising again?
UK fuel prices are going up again after the collapse of peace talks to end the US-Israel war with Iran.
theguardian.com
Beijing’s message to the world’s tourists: come here and judge China for yourselves | Zichen Wang
By relaxing visa rules, Beijing has two things on its mind – boosting its economy and improving its self-imageWalk through central Beijing today and one thing quickly becomes apparent: foreigners are back. They are taking photos outside the Forbidden City and sitting in cafes around Gulou and Sanlitun. The shift is visible online, too; YouTube is increasingly filled with videos titled “China Shocked Me” or “My First Week in China”. Most of the creators are tourists, not China specialists or journalists, and many of them are encountering the country for the first time.The resurgence is striking because to many outside observers China’s story has become one of closure and increased security – of intensifying strategic rivalry with the west, expanded anti-espionage enforcement and increasingly constrained foreign reporting, including the withholding and revocation of visas for US journalists. Yet on the ground, another story is unfolding. When it comes to its relationship with the rest of the world, Beijing increasingly appears to be betting on direct exposure: come to China and judge for yourself.Zichen Wang is deputy secretary-general at the Center for China and Globalization, a thinktank in Beijing. This article was co-written by Hao Wu, an assistant professor at the School of International Studies at Peking UniversityDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
theguardian.com
Hot tubs and £80 rosé: how the mud-soaked British festival got a luxury makeover
Struggling industry seeks to capitalise on Gen Z’s willingness to spend on experiences and comfortIt had always been the great British festival way: greasy burgers and warm beer, retch-inducing toilets and the descent into dishevelment as roughing it takes its toll.But a generation of festivalgoers has emerged who are willing to splash the cash to inject luxury into the experience. This summer, there are signs the under-pressure industry is ramping up its offer, from gleaming private toilets and “pamper parlours” to fine dining, hot tubs, saunas and even a “cold waterfall drench” to keep refreshed. Continue reading...
cnbc.com
Inside the Chinese fraud rings stealing billions from banks and retailers
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
theguardian.com
Smart glasses are deeply creepy. Why are celebrities like Kylie Jenner endorsing them?
Meta touts safety features – but for women, the dangers of these recording devices are obviousImagine if every time you left the house, you couldn’t be sure that the stranger you met at a bar – or even the person walking by you in the street – wasn’t secretly recording you. It sounds like something out of a Black Mirror episode, but let’s face it, the era of wearable technology is fully upon us as everyday accessories have been developed to help track health and fitness data, receive smartphone notifications, and provide hands-free accessibility.So when Meta announced their AI glasses a few years ago, it wasn’t too surprising that one of the biggest (and most embattled) tech companies on earth had begun cashing in on our obsession with watching others. And their AI glasses have already raised serious concerns over privacy, personal safety and even our sense of agency. Continue reading...
theguardian.com
How do you actually shop local in New York City?
Shopping local ensures a future for cultures and communities, says Caroline Weaver, creator of the Locavore Guide digital directory When I signed the lease for my new apartment in Brooklyn, the relief of having survived the brutal New York City real estate market was short-lived when my next task became clear: I needed to furnish the place.My first instinct was to check everything off my list by shopping online. But the thought of waiting for deliveries and unboxing an endless mountain of packages seemed exhausting. And, I was moving to New York, where the streets are lined with a seemingly infinite number of stores. Continue reading...
bbc.co.uk
The financial winners and losers from the World Cup
Big bucks are being made from the 2026 tournament off the field, but who is raking in the most, and who is losing out?
bbc.co.uk
Why has British Steel been nationalised?
The UK's only remaining plant making virgin steel has been taken into public ownership after years of uncertainty over its future.
bbc.co.uk
Who is the frontrunner to be the UK's next chancellor?
Andy Burnham will be moving into Downing Street next week, and a question remains over who will be his neighbour in Number 11.
theguardian.com
‘Adversarial clothing’: are garments designed to confuse facial recognition systems about to go mainstream?
Designers say that as well as offering a degree of protection from surveillance, their clothes make a powerful fashion statement about the importance of privacyAs facial recognition technology is rolled out across Britain’s public spaces, a new generation of designers say privacy could be the next big fashion trend.Companies have started incorporating “adversarial patterns” in their garments – carefully designed arrangements of shapes, colours and repeated motifs said to exploit weaknesses in some computer vision systems. Continue reading...
bbc.co.uk
Trump Media to sell instant access to 'market-moving' social posts
Trump Media is launching a fast, paid feed to its most influential posts for Wall Street traders.
theguardian.com
‘I don’t think I’ll ever retire’: the workers struggling to save for old age
Almost half of working-age adults in the UK do not save into a pension. Four readers explain why they fear for the future“I am 35 and have essentially nothing saved for my future, which is a huge concern.” Sarah* works in library services in Oxford – full-time at one library and part-time at another. She has saved £5,000 into her pension.After finishing her PhD in 2020, she said she had “good intentions of contributing to pension schemes. But because I then had a succession of part-time jobs, I never started. I never thought, this is a job I’ll be doing for long enough.” Continue reading...
theguardian.com
Andy Burnham’s difficult first cabinet – a visual guide to the options and dilemmas
The Makerfield MP enters No 10 as prime minister on Monday. But who will he choose to join him at the table?Keir Starmer is expected formally to resign as prime minister on Monday morning at Buckingham Palace, with Andy Burnham being invited to take on the role shortly afterwards. Once back in Downing Street mid-morning, Burnham will begin assembling his cabinet. Continue reading...
theguardian.com
‘How’s this joker got my details?’: BrewDog founder faces complaints over emails to ‘equity punks’
Exclusive: Watchdog asked to look into how James Watt got data of ex-crowdfunders he invited to join buy-back bidJames Watt, the BrewDog founder who sold the debt-laden “punk” brewer earlier this year, is the subject of complaints to the UK’s data privacy watchdog linked to his surprise bid to buy the company back, the Guardian has learned.BrewDog’s brand, intellectual property, UK breweries and 11 bars were sold to the US cannabis and drinks firm Tilray in March for £33m, in a deal that rendered the shares of more than 200,000 crowdfunding investors worthless. Continue reading...
theguardian.com
Homes to rent before buying in cities in England and Scotland – in pictures
From a flat on the ninth floor of a 34-floor skyscraper on Liverpool’s waterfront to a mid-terrace cottage in Norwich Continue reading...
theguardian.com
No deposit, no problem: the new 100% mortgages for first-time buyers
Banks and building societies have started relaxing affordability rules and becoming more creative with productsFor many first-time buyers, getting their foot on the property ladder can feel like an impossible dream. However, the good news is that there are a growing number of mortgage deals that require only a small deposit, or no deposit at all.Metro Bank is the latest high street lender to launch a deal that allows eligible first-timers to borrow up to 100% of the value of a property. Home loans that let people borrow 100% have been making a bit of a comeback – they were once fairly commonplace but were axed after the 2008 financial crisis. Continue reading...
bbc.co.uk
Five headaches Andy Burnham will have to deal with as PM
From defence spending to housing - the next UK leader has a series of challenges to deal with.
bbc.co.uk
How do you split the bill with friends?
Hands down the worst part of going out for dinner.
bbc.co.uk
Burnham's 'Manchesterism' got him to No 10 - but will it work for the UK?
Economics editor Faisal Islam examines whether the north-west city can be a template for the entire country.
theguardian.com
‘There’s this deep mystery of what, actually, is this thing?’: the philosopher inside Google DeepMind AI – podcast
Since 2017, Iason Gabriel has worked at the tech giant, trying to anticipate – and think through – the impact of AI. But as commercial and geopolitical pressures escalate, can ethicists make any difference?By Robert P Baird. Read by Simon DarwenRead the text version hereSupport the Guardian today: theguardian.com/longreadpod Continue reading...
bbc.co.uk
I wouldn't marry him until he paid off his debt, now I'm in charge of our money
Sarah and her husband have shared one account for 25 years, but she says managing it falls to her.
bbc.co.uk
Business Daily
China's economy slows, New York targets AI centres, and the ‘king of fruits’ giveaway
bbc.co.uk
White House teleprompter operator accused of making $100k from Trump speech bets
A White House staffer has been accused of using inside knowledge of speeches to make nearly $100,000 on Kalshi.
theguardian.com
General Mills recalls 736,000 Pillsbury rolls over glass contamination fears
FDA notice warns of ‘potential foreign material’ as recall covers two types of frozen bread roll doughGeneral Mills is recalling nearly 736,000 Pillsbury bread rolls over concerns they could contain glass, according to a notice issued by the US Food and Drug Administration earlier this week.The recall covers two frozen bread roll products: 3,080 cases of Hard Roll Dough, with 180 rolls in each case, totaling 554,400 rolls, and 1,260 cases of Kaiser Roll Dough, with 144 rolls per case, totaling 181,440 rolls. The FDA notice states the products may contain “potential foreign material (glass)”. Continue reading...
bbc.co.uk
Investigation into parking tickets for drivers queuing at petrol stations
It's part of a wider crackdown from the consumer regulator into potentially unfair practices by private parking operators.
theguardian.com
Trump made $1.4bn from crypto in one year. Is Justin Sun the man who helped him do it?
The entrepreneur is known in Washington as the financial power behind the president’s crypto fortune. How did Sun’s business love-in with the Trump family spiral into dueling lawsuits?The most infamous financial scandal in US presidential history – the 1920s Teapot Dome affair – involved then president Warren G Harding’s interior secretary, Albert Fall, taking roughly $400,000 in bribes. Adjusted for inflation, that’s about $6m today. Last year, Donald Trump made at least $2.2bn; his single year of income is on the order of 200 to 300 times larger than the bribe that defined “presidential corruption” in the American imagination for a century.It’s taken for granted that Trump flogs items like Bibles and gold sneakers as a way to wring more money from his loyal base. But of the president’s $2.2bn, at least $1.4bn came from his crypto businesses. That’s an extraordinary achievement, even for an unscrupulous sitting president. How exactly did he do it without any prior background in crypto? Continue reading...
theguardian.com
Mahmood v Miliband: who will Burnham choose for chancellor? – podcast
Andy Burnham will become prime minister of the UK on Monday. But he has yet to reveal any cabinet picks, and rumours suggest he still hasn’t chosen a chancellor. What do we actually know about his plans for governing? Pippa Crerar and Kiran Stacey chat about the new PM’s options and the likely issues on the top of his in-trayYou can read Dan Boffey’s profile of Andy Burnham herePlease keep sending your comments and questions to Pippa and Kiran at politicsweeklyuk@theguardian.comYou can watch Pippa’s interview with Volodymyr Zelensky on our Politics Weekly YouTube channel here Continue reading...
bbc.co.uk
British Steel taken into public ownership to protect 'vital' UK supply
The Scunthorpe steelworks has been officially nationalised under new government powers passed this week.
bbc.co.uk
Aer Lingus proposes cutting 500 jobs under savings plan
The company proposes cutting 290 roles in its head office, along with 140 cabin roles and 70 pilots.
bbc.co.uk
TikTok faces Ofcom investigation over child age checks
It follows a review by the regulator in May that criticised the platform for not being "safe enough" for children.
bbc.co.uk
Chip giant TSMC pledges another $100bn to expand US production
The company says it will create "high-tech, high-paying jobs", and raises its total commitment to the US to $265bn.
theguardian.com
The secret lives of flight attendants: ‘British passengers always drink like they’ve never drunk before’
Lewd propositions, drunken tirades, groping, grumbling and grubby behaviour – cabin crew have to experience it all, at altitude. They open up about the horrors they’ve seen from passengers and colleaguesLast week, right at the start of this year’s holiday season, a 30-year-old drunk British holidaymaker tried to kiss a male flight attendant on a plane, spent a week in Mallorca presumably thinking his actions were consequence-free, and was then arrested on his way back through Palma airport. In February, Jet2 banned two passengers from the airline for life after a mid-air brawl on a flight from Turkey to Manchester, and last week BA had to cancel a flight back from Barbados, because (some) members of the crew were still too drunk from the hotel bar to operate it. There’s a connection between these incidents, and it’s not just as flight attendant Thomas, 27, puts it: “Well, drunk Brits – you know how that goes”.The term “air rage” was coined in the 90s, but the behaviour it describes went through the roof post-Covid. In 2021, the number of reported incidents in the US was greater than in the previous three decades combined. A new category of misdemeanour had appeared – mask non-compliance. Continue reading...
bbc.co.uk
UK economy returns to growth in May
The modest growth reverses a slight contraction that had been seen the previous month.
cnbc.com
Foreign investors sweeten on Indian government bonds as equities see a sell-off
The Indian government bond market is drawing interest from foreign investors as it readies for a likely inclusion in Bloomberg index.
bbc.co.uk
Celebrity influencers paid up to £1m to advertise deodorant on Instagram
The chief executive of Wild reveals what happens behind the scenes of social media posts.
theguardian.com
The Andy Burnham I know – podcast
Today in Focus hears from friends, colleagues and mentors of Andy Burnham to find out more about the man soon to be prime ministerOn Monday, Andy Burnham will become the UK prime minister.The former Greater Manchester mayor has faced neither a general election nor a Labour leadership contest to get there, leaving many to wonder: who is he and what does he stand for? Continue reading...
bbc.co.uk
Buffett calls Bill Gates relationship with Epstein 'distasteful'
The billionaire investor's firm has stopped giving donations to the Microsoft co-founder's charity.
bbc.co.uk
Salary information to be shown on job ads under new laws
The government argues the move would help jobseekers and could reduce pay discrimination claims.
bbc.co.uk
SpaceX share price drops below stock market debut
Share trading in Elon Musk’s rocket company has been volatile since it went public a month ago.
bbc.co.uk
Money Box
New regulations start for shoppers using Buy Now, Pay Later.
cnbc.com
Japan’s bond market is back in play after decades in the wilderness
JGBs have been selling off amid policy normalization and concerns over Tokyo's spending plans, but experts say that they deserve another look from investors.
cnbc.com
'Nobody underwrote for that': Private credit faces a key test as higher rates squeeze borrowers
Private credit is facing a new pressure point from elevated rates, which could hit under-pressure borrowers.
cnbc.com
'Listing is a must': Chinese humanoid startups are rushing to launch IPOs
Shenzhen-based LimX Dynamics is the latest humanoid company in China to raise capital in recent weeks as investors eye IPO exits.
bbc.co.uk
Is tracking your food purchases good for your health?
Food tracking apps are popular, but are they a good way to make us eat a healthier diet?
bbc.co.uk
New era for Gibraltar with removal of 118-year-old border controls with Spain
It is hoped that free movement between the UK territory and Spain will provide an economic boost.
bbc.co.uk
Wealthy AI workers send San Francisco house prices soaring
The median cost of a home in the city is now $1.7m, a record high, according to the latest figures.
bbc.co.uk
Robots available for rent: But what can they do?
Robotics tech is changing fast, so for many it makes sense to rent a robot.
bbc.co.uk
AI is 'not smart' so what's next in artificial intelligence?
Leading AI researcher Yan LeCun has a start-up which is developing a more flexible AI system.
bbc.co.uk
Why is crucial tech vulnerable to the heat?
Energy grids and train services are among the vital services that are vulnerable to very hot weather.
bbc.co.uk
Why Gen Z are planning for life without a state pension
Many younger people do not believe the state pension will exist when they are older
bbc.co.uk
The legal fight to get equal pay for Germany's disabled workers
A test case is seeking the minimum wage for 300,000 disabled people who currently get paid less.
bbc.co.uk
Do you know your 'sweat score'? The rise of hydration tech
Hydration tracking gadgets are flooding the market but is it too much information?
bbc.co.uk
Is Germany looking again at coal-powered electricity?
It had planned to abandon the fuel, but the higher cost of natural gas may make it think again.
bbc.co.uk
The artificial ice pyramids saving India's mountain villages
Himalayan villages are creating artificial glaciers to guarantee water for their crops in the spring.
bbc.co.uk
'We had to get out of the way': The backlash over delivery robots
As the delivery vehicles increasing take to US streets, bans and protest groups are springing up.
bbc.co.uk
What is Helium-3 and could we get it from the moon?
Helium-3 is expensive and demand is forecast to soar, so some are planning to mine it on the moon.
bbc.co.uk
The furious dispute over what caused Air India flight 171 to crash
The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.
bbc.co.uk
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.co.uk
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.co.uk
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
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